The Member States, in technical co-operation with the Commission, shall take all necessary steps to carry out co-ordinated annual surveys on investment in industry and to ensure that the first survey, for the year 1964, is carried out in 1965.

For the purposes of this Directive, an industry shall be defined by reference to the ‘Nomenclature of Industries in the European Communities’ (NICE).1 In the case of small undertakings the survey may be carried out by random sampling.

The figures to be recorded shall be those in respect of annual investment expenditure (including plant constructed by the undertakings themselves), broken down as follows:

1. (a)

   Machinery, plant, vehicles;

2. (b)

   Construction of buildings;

3. (c)

   Purchase of existing buildings and of land.

Investments of a social nature shall, where possible, be recorded globally in a separate return.

Subject to any national legislation on the secrecy of statistics, the results of the surveys, broken down by industrial sector, shall be forwarded to the Commission.

This Directive is addressed to the Member States.